Zillow Market Pulse: May 28, 2020
Pending home sales cratered in April, the U.S. notched another week of 1 million-plus unemployment claims and GDP fell by more than first thought.
Zillow Market Pulse: May 28, 2020
Pending home sales cratered in April, the U.S. notched another week of 1 million-plus unemployment claims and GDP fell by more than first thought.
Zillow Market Pulse: May 27, 2020
Purchase mortgage applications are higher than they were a year ago, and the share of mortgages in forbearance keeps rising -- but more slowly.
Mortgage Rates Rise Slightly, But Look Poised to Remain Low for a While
Average mortgage rates rose slightly over the last seven days, but remain near all-time lows and don't look to be heading much higher any time soon.
Zillow Market Pulse: May 26, 2020
April new home sales were unexpectedly strong, consumer sentiment is improving somewhat and industry isn't contracting as quickly as it was.
March Case-Shiller Results and April Forecast: Housing Maintains its Strength
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 4.4% year-over-year in March (non-seasonally adjusted), up from 4.2% in February.
April New Home Sales: A Very Pleasant Surprise
April new home sales were up 0.6% from March, to 623,000 (SAAR), handily beating consensus expectations for a 23% monthly decline.
Zillow Market Pulse: May 21, 2020
Existing home sales fell sharply in April, but not by as much as expected. In the same month, mortgage delinquencies almost doubled.
April Existing Home Sales: It Was Always Going to be Bad
April existing home sales fell 17.8% from March to 4.33 million, according to the National Association of Realtors, the largest monthly decline since 2010.
Mortgage Rates Fall to New Lows Amid Continued Uncertainty
Mortgage rates fell to new lows this week, as broad market uncertainty continues to keep downward pressure on rates.
Zillow Market Pulse: May 20, 2020
Purchase mortgage activity stayed strongs. More consumers are getting help with their credit card and auto loans, and corporate bond issuance is sky-high.
